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Song Jingli

Journalist • [email protected]

Song Jingli

News

Sina invests in mutual help platform Bihu Huzhu as Alibaba and Tencent both make bets in the sector

Platforms like Bihu’s Gecko are popular among people who are priced out of conventional insurance plans.

2 mins read

In China, live streaming has become a key promotional method for consumer-facing vendors.
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China’s regulators announce crackdown on platforms hosting online celebrities selling unqualified food via live streaming
2 mins read
China’s JD Logistic is now allowing cars to be used as mailing address.
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Chinese shoppers can now have their parcels delivered to their cars
1 min read
Kuaishou’s latest move to compete with ByteDance’s Douyin.
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Tencent-backed Kuaishou plans to spend USD 565 million on marketing to achieve ‘300 million DAUs’
2 mins read
Riding with strangers still presents risks and dangers.
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Woman robbed by driver using Ant Financial-backed Hello-Chuxing’s hitchhiking platform
2 mins read
A niche market with no dominant players.
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Shanghai-based Xiaopangxiong, an e-commerce platform hosting home decoration materials, raises USD 18.3 million in Series B
2 mins read
The target is to maintain 10 million daily active users by the year’s end.
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Qutoutiao’s free novel platform Midu raises USD 100 million in Series B amid suspension
1 min read
The firm serves clients including JD.com, Xiaohongshu and Plum, and predicts profitability by the end of the year.
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Clothing-focused AI startup Infimind raises over USD 14 million in Series A led by Sequoia
2 mins read
The old cash-burning gamble does not always pay off.
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Cash-burning e-commerce platform Taojiji offers a debt-for-stake swap plan to pacify thousands of merchants
3 mins read